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Solar Energy
Lightsource and BlackRock Announce £1bn Solar Acquisition Spree
Solar developer Lightsource has teamed up with asset manager BlackRock in a strategic partnership aimed at consolidating the secondary UK solar market through around £1bn of acquisitions over the next three years. The two companies yesterday revealed plans to acquire…
China is Adding Solar Power at a Record Pace
China, the world’s biggest investor in clean energy, is on pace to install record amounts of new solar this year after adding 24 gigawatts of capacity in the first half amid a push by policy makers to locate electricity production…
Global Solar Demand Will Exceed 80 GW In 2017; 9.6 GW Awarded In Q3 Alone
The latest comprehensive solar tracking data from GTM Research is good news across the board for the global solar industry, which is currently tracking 17.4 GW of solar PV tenders, predicts 9.6 GW will be awarded in the third quarter…
Solarcentury Secures €5.7m Deal to Build East African Solar Mini-Grids
Solarcentury has been awarded a €5.7m contract by the Eritrean government to design and build two hybrid mini-grids composed of solar panels and batteries. The solar-powered mini-grids will provide power to businesses and around 40,000 people in the communities of…
EDF Renewable Energy Acquires 179 Megawatts Of Solar Projects From First Solar
EDF Renewable Energy has this week announced its acquisition of the 179-megawatt Switch Station 1 and 2 solar projects from First Solar in late-June, a move which brings the US company closer to 10 gigawatts worth of renewable energy projects…
India’s First Solar-Powered Train Makes its Debut (VIDEO)
India’s diesel-powered train network has a new kid on the block. The gas-guzzling Indian Railway system has just debuted its first solar-powered train, called the Diesel Electric Multiple Unit (DEMU). It will operate in the city of New Delhi. Placement…
Major solar power project to provide electricity at night
A major solar power project in the Middle East will provide electricity during the night, the developers have said. The $1bn (£770m) scheme will provide up to 200 megawatts to the grid in Dubai between 4pm and 10am, according to…